The Most Affordable Neighborhoods in South Newfane, VT by Home Value

 

South Newfane, VT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Newfane area can be challenging. Home prices in South Newfane are now at a median cost of $282,210, lower than the Vermont average of $340,025.

The average cost of rent is $1,328/mo in South Newfane, primarily driven by the current value of real estate in the South Newfane area. In South Newfane, 5.05% of households rent, and 47.73% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in South Newfane is $5,051 per month. Households that rent pay about 26.28% of their income on rent here. South Newfane’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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